Pricing & Costs
Beginner
Standard Lot
Also called: 1.0 lot
100,000 units of the base currency — the original 'lot' size in retail FX.
Definition
A standard lot of EUR/USD = €100,000 notional. At a typical pip value of $10/pip, a 50-pip stop = $500 risk. Standard lots are still common on professional accounts but mini/micro lots dominate retail.